Global Debt

It's no secret that the United States has a lot a debt under its wing. But just how bad off are we? Who do we owe all this money to?

While millions of Americans turn to filing Chapter 7 bankruptcy each year, the country as a government doesn't have the option to discharge its debts through a bankruptcy filing like individuals can. So what does this mean for our country?

Put this infographic on your site using the code below:

*Please use the above code unaltered or include a citation of this site as the original source.

Breaking News: Global Debt a Ticking Time Bomb?

U.S. Debt - Head under water?

Everyone knows that the United State is in debt. In fact, the U.S. is in a lot of debt...

The U.S. is currently in the hole: $13,462,000,000,000.

To spend $13.462 trillion you would have to spend:

$1,000.00 a day since our universe began.

$360,000.00 a day since the first Homo sapiens walked the earth.

$18,000,000.00 a day since Christ's birth.

$60,000,000,000.00 a day since the U.S. declared its independence.

Top 10 Astronomically Massive Debts

It is difficult to comprehend the enormity of the debts that many countries have incurred. Consider this: If you lined up every dollar bill the U.S. is indebted from end to end... It would stretch far beyond Mars and nearly to Uranus.

#1 United States: $13.45 Trillion

#2 United Kingdom: $9.08 Trillion

#3 Germany: $5.21 Trillion

#4 France: $5.02 Trillion

#5 Netherlands: $3.73 Trillion

#6 Spain: $2.41 Trillion

#7 Ireland: $2.29 Trillion

#8 Japan: $2.13 Trillion

#9 Luxembourg: $1.99 Trillion

#10 Switzerland: $1.34 Trillion

Debt vs. GDP: Can they pay their debt?

According to World Bank and the International Monetary Fund, a nation is no longer achieving external debt sustainability when their debt becomes more than 250% of their GDP.

In other words, they probably won't be paying it off any time soon... if ever.

Countries with Highest Ratio of Debt to GDP

#1 Ireland: 1267% ($126,126 per capita)

#2 Switzerland: 423% ($176,045 per capita)

#3 United Kingdom: 408% ($148,702 per capita)

#4 Netherlands: 365% ($146,703 per capita)

#5 Belgium: 320% ($119,681 per capita)

#6 Denmark: 298% ($110,422 per capita)

#7 Austria: 253% ($101,387 per capita)

#20 United States: 94% ($43,793 per capita)

Who Owns American Debt?

Holding us Back like a Ball and Chain

Being more than 13 Trillion dollars in debt, the U.S. owes a lots of money to many different countries. Here are some of the largest U.S. external debt holders.